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- Shanexx replied Apr 5, 2012
First for the day! — image
- Shanexx replied Apr 5, 2012
So what colour is the 100 and what is the use of the 50.
- Shanexx replied Apr 5, 2012
100 MA — The 100 MA was not in agreement, why did you take the trade?
- Shanexx replied Apr 5, 2012
Hey iak, sorry for not responding, I was on the thread briefly. In response to your question, trading was good according to my MM. Took 2% for the day, and then I'm done. The pain of turning winners into losers has taken its toll on me. As for ...
- Shanexx replied Apr 3, 2012
Cheers — Cheers and happy easter to you. Till next week.
- Shanexx replied Apr 3, 2012
Check out the M15 & M30 — image
- Shanexx replied Apr 3, 2012
Trades off — Setup nullified. Another setup taking place. Wedge breakout.
- Shanexx replied Apr 3, 2012
FF servers were busy — image RE drawn the trendline image
- Shanexx replied Apr 3, 2012
play the pivot — Why sit it out, if the pivot sets up another retrace you can play that. What better confirmation than a retrace off a pivot or s/r. Plan the trade trade the plan, right sir.
- Shanexx replied Mar 30, 2012
Trendline criteria — The trendline criteria is on the first post's picture. My example was merely to highlight the shape you should be looking for.
- Shanexx replied Mar 29, 2012
No trade — I love this trendline criteria. image
- Shanexx replied Mar 29, 2012
EU — A trade seems to be setting up on the EU. Be carefull though London is about to open. image
- Shanexx replied Mar 29, 2012
The shape of the retracement — The strategy uses the V-shape(uptrend) and A-shape(downtrend) retracement, hence the trendline criteria. You traded the box shape(ledge) retracement. You must remember that even a ranging market is a retracement, ...
- Shanexx replied Mar 28, 2012
E/U setup — There is one setting up on the EU if the trendline criteria holds.
- Shanexx replied Mar 28, 2012
Nearly there — Nothing wrong with the trade its just not a flag trade( its a ledge). Attached is a e-book, it will explain everything about retracements. file
- Shanexx replied Mar 27, 2012
Trendline criteria — The trade did not meet the drawing of the trendline criteria. Thats why I commented early on, on how simple yet effetive it is.
- Shanexx replied Mar 26, 2012
Trendline — I love your trendline criteria, first time I hear someone actually have a nice criteria for pulling a trendline for a flag/retrace.
- Shanexx replied Mar 16, 2012
today = negative — 1st trade 1tp = hit 2tp = be 2nd trade total loss closing off today.
- Shanexx replied Mar 16, 2012
2nd entry — Lets check the MM on this one. image